Open House Group Co (FRA:O4H) Inventory Turnover : 0.33 (As of Mar. 2024)

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What is Open House Group Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Open House Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,550 Mil. Open House Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was €4,675 Mil. Open House Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Open House Group Co's Days Inventory for the three months ended in Mar. 2024 was 275.22.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Open House Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.56.

Open House Group Co Inventory Turnover Historical Data

The historical data trend for Open House Group Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Open House Group Co Inventory Turnover Chart

Open House Group Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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1.95

1.93

1.94

1.50

1.48

Open House Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.40	0.30	0.45	0.37	0.33

Open House Group Co Inventory Turnover Calculation

Open House Group Co's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	5894.889	/ (	(3926.99	+	4064.094)	/	2 )
=	5894.889	/	3995.542
=	1.48

Open House Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1549.922	/ (	(4729.245	+	4620.338)	/	2 )
=	1549.922	/	4674.7915
=	0.33

Open House Group Co (FRA:O4H) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Open House Group Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	4674.7915	/	1549.922	*	365 / 4
	=	275.22

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Open House Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4674.7915	/	1829.394
	=	2.56

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Open House Group Co Inventory Turnover Related Terms

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Open House Group Co (FRA:O4H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Open House Group Co Ltd (FRA:O4H) » Definitions » Inventory Turnover

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3288:Japan O4H:Germany

Address

2-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6312

Website

https://oh.openhouse-group.com

Open House Group Co Ltd is principally engaged in real estate businesses, including real estate brokerage, single-family home development and sales, condominium development and sales, real estate investment, real estate financing, and other related services. The company comprises six operating segments: brokerage, single-family homes, Asakawa Home, condominiums, property resale, and others. The single-family homes segment delivers approximately half of group revenue, and the property resale segment contributes to the next most significant portion of revenue. Open House's sales centers are mainly located in Tokyo and surrounding areas.

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